After 14 years of service in Microsoft, Xbox Chief Product Officer Marc Whitten will be departing and heading over to Sonos to take the same position for an unspecified reason.
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San Francisco, California-based social games services provider Zynga Inc is laying off around 314 employees, or 15% of its workforce, as part of a cost reduction strategy to generate between $33 million to $35 million in savings for 2014.
The social game developer's top executive conducted a study to pinpoint the company's weakest areas.
Zynga CEO Don Mattrick planned to start his first 90 days assessing and reviewing the entire business.
Zynga's newly hired CEO, Don Mattrick was lured in the company with a US$50 million compensation package.
Zynga names Don Mattrick as the new CEO